Oh yeah, anyone who followed this one after the 24 hour period was up should have managed to short at around 0.008 on karken and made a nice 3x on this move... But yeah I guess I don't know what I'm taking about...
Hyped IPO Bitcoin killer with murky premine and massively restricted supply in price plunge shocker when it actually trades.
...let me just...
(1) Hyped IPO Bitcoin killer
(2) with murky premine
(3) and massively restricted supply
(4) in price plunge shocker when it actually trades.
Ok,
1. It was never intended to compete with Bitcoin.
2. The premine is recorded on the Bitcoin Blockchain
3. Compared to what?
4. For some traders perhaps, but not if you know anything about the technology and its purpose.
Keep an eye out for ethereum. It might become Bitcoins killer app.